Fintech
Fintech: the closure stories and lessons of 58 startups.
58 startups
Vepara
A payment institution offering virtual POS, a digital wallet and pay-by-link on a single platform
Closed2012 – 2025ininal
A Turkish prepaid card start-up that let people without credit cards shop online
Closed2012 – 2024Bench Accounting
Subscription bookkeeping for small businesses, combining software with human bookkeepers
Closed2006 – 2024Mint
A personal finance app that brought bank, card and investment accounts together on one screen
Closed2014 – 2024Synapse
Banking-as-a-service infrastructure that sat between fintech companies and banks
Closed2015 – 2024Tally
The fintech valued at $855 million that managed credit card debt automatically
Closed2016 – 2023Frank
The student financial aid start-up that JPMorgan bought
Closed2019 – 2022Fast
The Stripe-backed fintech that wanted to bring one-click checkout to every e-commerce site
Closed2011 – 2022LendUp
A fintech offering short-term online loans and credit cards to people with poor credit scores
Closed2016 – 2021Arıkovanı
Turkcell's reward-based crowdfunding platform for technology start-ups
Closed2011 – 2021Greensill Capital
The supply chain finance firm that grew at breakneck speed and collapsed in 2021
Closed2009 – 2021Simple
One of the first branchless, app-first neobanks
Closed2014 – 2020ScaleFactor
The start-up that raised $100 million on the promise of automating accounting with super intelligence
Closed1999 – 2020Wirecard
The payments company that rose into the DAX, then collapsed over €1.9 billion that had gone missing
Closed2017 – 2020Xinja
The Australian neobank that gathered deposits at high interest, made no loans and handed back its licence
Closed2006 – 2018Wonga
High-cost, short-term online loans approved in minutes
Closed2014 – 2017Nuvo
Yapı Kredi's branchless, fee-free digital banking brand for young people
Closed2012 – 2017Tilt
The platform that let groups of friends and communities pool money together
Closed2012 – 2016CircleBack Lending
The US online lending platform that opened consumer loans to institutional investors
Closed2011 – 2016Clinkle
The mobile payments start-up that raised a record seed round but never shipped a product
Closed2007 – 2016Powa Technologies
The London company behind PowaTag, which promised one-tap shopping from adverts
Closed2010 – 2013BenVarım
Turkey's first home-grown crowd-giving platform, helping NGOs raise donations through social media
Closed2005 – 2010Wesabe
The personal finance site that analysed users' financial data and offered savings tips
Closed2005 – 2008Monitor110
A New York start-up that set out to filter the internet's flood of information for investors
Closed1999 – 2001Flooz.com
A start-up selling 'flooz', a digital currency that could be spent in online shops
Closed2020 – 2025Weld Money
Ukrainian fintech founded in 2020
Closed2000 – 2024Bank Alpinum
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Closed2012 – 2024Kron
Norwegian mutual fund broker
Closed2010 – 2023Flattr
Internet-based micropayment service
Closed2002 – 2022Jih Sun Financial Holding
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Closed2017 – 2021Azlo
Online banking services company
Closed2012 – 2019Neighborly
Community investment marketplace
Closed2006 – 2019SafeCharge International
Global payments technology company
Closed2014 – 2018Bank Axept
Norwegian payment service provider, business
Closed2017 – 2018Hatreon
Crowdfunding platform
Closed1991 – 2017Alma Market
Listed company on the Polish Stock Exchange
Closed2009 – 2017Banc De Binary
Israeli financial firm
Closed1998 – 2017Banca Carime
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Closed2000 – 2017Banca Popolare di Mantova
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Closed2007 – 2016MyMajorCompany
Crowdfunding platform in Europe
Closed2003 – 2015Liongate Capital Management
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Closed2007 – 2015The Islamic Bank of Asia
Fintech
Closed2007 – 2014Auður Capital
Icelandic financial services company
Closed1997 – 2014Rule Financial
British multinational company
Closed2002 – 2013Co-operative Banking Group
Company of the United Kingdom
Closed1990 – 2013Metals-banka
Company
Closed1990 – 2012InterBolsa
Portuguese financial firm
Closed2001 – 2012Royal Bank Zimbabwe
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Closed2009 – 2012Touchpay
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Closed1997 – 2011Superior Bancorp
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Closed2004 – 2009Sowood Capital
American hedge fund
Closed1995 – 2007International Exchange Bank
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Closed1996 – 2007NetBank
American financial services firm
Closed2005 – 2007Trump Mortgage
Financial services company named after Donald Trump
Closed1991 – 2004Tecis
Public company
Closed1998 – 2003Billpoint
Money transfer service
Closed1998 – 2001CompuBank
American financial company
Closed1997 – 2001Suretrade
Fintech
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This section is compiled from public sources (Wikidata, news archives and company announcements). Figures are given as they appear in those sources; unknown fields are left blank. If you spot a mistake in an entry, you can send us a correction.